614-616 Springfield Ave

Newark City, NJ
$ 985,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Well-established Hardware store with over 30 years in business. Great cash flow sale includes inventory. Business is on 1st fl and 4 apts on 2nd and 3rd flr. Rental income produces an additional $2600/mth along with the gross income from the Hardware Store.

Commercial

  • Price
  • $ 985,000
  • Lot Size
  • 3,485 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 5
  • City, Zip
  • Newark City
  • Taxes
  • 9835
  • County
  • ESSEX
  • Style
  • Store With Apartment
  • Area
  • Newark City
  • MLS#
  • 3659818
  • Zip
  • 07103
Listing Provided by: RE/MAX FIRST REALTY II

Features

General

Construction See Remarks
Cooling Window A/C(s)
Drive On-Street Parking, See Remarks
Heating 4 Units, Radiators - Steam
Num Apts 4
Roof Flat
Sewer Public Sewer
Tax Annual Amount 9835
Total Units 5
Township Newark City
Utilities All Underground
Zoning Mixed Use

Interior Features

Basement Full
Fuel Type Electric, Gas-Natural
Num 1 Bdrm Units 4
Num Units W/full Bath 4
Num Units W/half Bath 1

Exterior Features

Exterior Description Aluminum
Lot Dimensions 36.3X96
Lot Features Irregular Lot
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Morris Plains, New Jersey office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/28/2020 Listed $985,000

Property vs Zip Code Average in 07103

Price
AVG $3.68M
$990K
Taxes
AVG $37,880
$9,835
Visits
AVG 99
72
Walkscore
AVG 81
72
Data Provided by Walkscore ® not using MLS data

Map

614-616 Springfield Ave Newark City, NJ is a Single Family Home for sale at $985000 and a lot size of 3,485 SqFt Acre(s). 614-616 Springfield Ave Newark City has 0 bedrooms, 0 baths . The property's zip code is 07103 which is in Newark City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.